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Bitcoin has been jabbing back and forth within the 500-point range to shake traders out, while ETH is directly weak in a way that's beyond ridiculous: when Bitcoin dips a bit, it gets slammed—when Bitcoin rebounds, it just drags its feet and won’t move.
This is a classic bearish amplification market—its upside flexibility is all in how it follows the decline.
Following the trend, I took a round of shorting ETH, first cashing in on this leg down. No greed, no reluctant staying in—once it drops far enough, I’ll re-enter with a low buy. $BTC $ETH